Czech Government Approves EU Loan To Purchase Military Equipment
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2 Articles
Czech Government Approves EU Loan To Purchase Military Equipment
The Czech government yesterday approved the country’s participation in the EU loan programme for purchasing military equipment, known as Security Action for Europe (SAFE). The Czech Republic is set to draw approximately EUR 2.06 billion (approximately CZK 50 billion). The government previously discussed the matter in May, but Prime Minister Andrej Babis (ANO) told reporters at the time that he needed further information on individual projects f…
Prague - The government today approved the Czech Republic's participation in an EU loan called Security Action for Europe (SAFE) for military equipment. This follows from the results of the cabinet meeting. The Czech Republic is to draw approximately 2.06 billion euros (roughly 50 billion crowns). The government discussed the issue in May, but Prime Minister Andrej Babiš (ANO) told journalists at the time that he needed additional information ab…

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